The Securities and Exchange Commission said Innospec had routinely paid millions of dollars in bribes to maintain its sales of
tetraethyl lead - an anti-knock compound used in leaded petrol - to state-owned refineries and oil companies in Iraq and Indonesia.
According to court documents, from 2000 to 2003, Innospec's Swiss subsidiary, Alcor, was awarded five contracts valued at more than [euro]40 million to sell
tetraethyl lead to refineries run by the Iraqi Ministry of Oil under the OFFP.
The study '
Tetraethyl Lead (CAS 78-00-2) Market Research Report 2009' presents an over-view of the
Tetraethyl Lead market globally and regionally by contemplating and analyzing its parameters.
The special item this year includes the gain associated with the termination of the
tetraethyl lead (TEL) marketing agreements.
It also covers eleven industrial chemicals: five forms of asbestos (actinolite, anthophyllite, amosite, crocidolite and tremolite), polybrominated biphenyls (PBB), polychlorinated biphenyls (PCB), polychlorinated terphenyls (PCT)
tetraethyl lead, tetramethyl lead and tris (2,3 dibromopropyl) phosphate.
Tetraethyl lead may have been an inexpensive octane enhancer, but it also proved a particularly pernicious pollutant because of its neurodevelopmental effects and its indefinite persistence in the environment.
The expected decline in
tetraethyl lead (TEL) continued with operating profit for the year 2006 amounting to $3.
As expected,
tetraethyl lead (TEL) results continue to decline with results for the third quarter of this year basically at break even.
This arbitration is related to a longstanding supply agreement that requires the Innospec subsidiary to supply Ethyl Corporation with
tetraethyl lead (TEL) for resale by Ethyl in the United States.
agreements with The Associated Octel Company Limited ("Octel"), to market and sell
tetraethyl lead ("TEL") antiknock compounds.
The improved third quarter operating results primarily reflect higher shipments and operating profits of
tetraethyl lead antiknocks ("TEL").
29 /PRNewswire/ -- Ethyl Corporation (NYSE: EY) is pleased to announce it has signed an agreement with The Associated Octel Company Limited, to market and sell
tetraethyl lead (TEL) antiknock compounds.
